Houlihan Lokey to Acquire Waller Helms Advisors
Houlihan Lokey (NYSE:HLI) has agreed to acquire Waller Helms Advisors, an independent advisory firm specializing in insurance and wealth management sectors. The acquisition, expected to complete by December 31, 2024, will double the size of Houlihan Lokey's Financial Services Group. Waller Helms, founded in 2014, has advised on over 230 transactions worth more than $40 billion. The deal will add nearly 50 financial professionals, including 13 Managing Directors, to Houlihan Lokey's team. James Anderson, CEO of Waller Helms, will join as Global Co-Head of the Financial Services Group. The combined entity will rank as the No. 1 advisor for global M&A transactions in 2023 in the insurance, asset management, and financial services sectors (excluding depositories).
Houlihan Lokey (NYSE:HLI) ha concordato di acquisire Waller Helms Advisors, una società di consulenza indipendente specializzata nei settori delle assicurazioni e della gestione patrimoniale. L'acquisizione, che dovrebbe concludersi entro il 31 dicembre 2024, raddoppierà le dimensioni del Financial Services Group di Houlihan Lokey. Waller Helms, fondata nel 2014, ha fornito consulenza su oltre 230 operazioni del valore di oltre 40 miliardi di dollari. L'accordo porterà quasi 50 professionisti finanziari, tra cui 13 Direttori Generali, nel team di Houlihan Lokey. James Anderson, CEO di Waller Helms, entrerà come Co-Responsabile Globale del Financial Services Group. L'entità combinata sarà classificata come il n. 1 tra gli advisor per le operazioni di M&A globali nel 2023 nei settori delle assicurazioni, della gestione patrimoniale e dei servizi finanziari (escludendo i depositi).
Houlihan Lokey (NYSE:HLI) ha acordado adquirir Waller Helms Advisors, una firma de asesoría independiente especializada en los sectores de seguros y gestión de patrimonio. Se espera que la adquisición se complete para el 31 de diciembre de 2024, lo que duplicará el tamaño del Financial Services Group de Houlihan Lokey. Waller Helms, fundada en 2014, ha asesorado en más de 230 transacciones por un valor superior a 40 mil millones de dólares. El acuerdo añadirá casi 50 profesionales financieros, incluidos 13 Directores Generales, al equipo de Houlihan Lokey. James Anderson, CEO de Waller Helms, se unirá como Co-Líder Global del Financial Services Group. La entidad combinada se clasificará como el n.º 1 en asesoría de transacciones de M&A globales en 2023 en los sectores de seguros, gestión de activos y servicios financieros (excluyendo depósitos).
Houlihan Lokey (NYSE:HLI)는 Waller Helms Advisors를 인수하기로 합의했습니다. Waller Helms Advisors는 보험 및 자산 관리 분야에 특화된 독립 자문 회사입니다. 인수는 2024년 12월 31일까지 완료될 예정이며, 이는 Houlihan Lokey의 금융 서비스 그룹 규모를 두 배로 늘릴 것입니다. 2014년에 설립된 Waller Helms는 400억 달러 이상의 가치를 가진 230건 이상의 거래에 대해 자문을 제공해왔습니다. 이 거래는 Houlihan Lokey의 팀에 13명의 관리 이사를 포함하여 거의 50명의 금융 전문가를 추가할 것입니다. Waller Helms의 CEO인 James Anderson은 금융 서비스 그룹의 글로벌 공동 책임자로 합류할 것입니다. 결합된 실체는 2023년 보험, 자산 관리 및 금융 서비스 분야에서의 글로벌 M&A 거래에 대한 최고의 자문사로 평가될 것입니다 (예시적 예금 제외).
Houlihan Lokey (NYSE:HLI) a accepté d'acquérir Waller Helms Advisors, un cabinet de conseil indépendant spécialisé dans les secteurs de l'assurance et de la gestion de patrimoine. L'acquisition, qui devrait être finalisée d'ici le 31 décembre 2024, doublera la taille du Financial Services Group de Houlihan Lokey. Waller Helms, fondé en 2014, a conseillé plus de 230 transactions représentant plus de 40 milliards de dollars. Cet accord ajoutera près de 50 professionnels de la finance, dont 13 directeurs généraux, à l'équipe de Houlihan Lokey. James Anderson, PDG de Waller Helms, rejoindra en tant que co-responsable mondial du Financial Services Group. L'entité combinée sera classée comme le numéro 1 des conseillers en transactions M&A mondiales en 2023 dans les secteurs de l'assurance, de la gestion d'actifs et des services financiers (hors dépôts).
Houlihan Lokey (NYSE:HLI) hat zugestimmt, Waller Helms Advisors zu übernehmen, eine unabhängige Beratungsfirma, die auf die Bereiche Versicherungen und Vermögensverwaltung spezialisiert ist. Die Übernahme wird voraussichtlich bis zum 31. Dezember 2024 abgeschlossen sein und doppelt die Größe von Houlihan Lokeys Financial Services Group. Waller Helms, gegründet im Jahr 2014, hat über 230 Transaktionen im Wert von mehr als 40 Milliarden Dollar beraten. Durch den Deal werden nahezu 50 Finanzprofis, darunter 13 Managing Directors, zum Team von Houlihan Lokey stoßen. James Anderson, CEO von Waller Helms, wird als globaler Co-Leiter der Financial Services Group einsteigen. Das kombinierte Unternehmen wird als der Nr. 1 Berater für globale M&A-Transaktionen im Jahr 2023 in den Bereichen Versicherungen, Vermögensverwaltung und Finanzdienstleistungen (ohne Einlagen) eingestuft.
- Acquisition doubles the size of Houlihan Lokey's Financial Services Group
- Adds nearly 50 financial professionals, including 13 Managing Directors
- Enhances coverage capabilities in insurance and wealth management sectors
- Combined entity ranks as No. 1 advisor for global M&A transactions in key financial sectors
- Waller Helms has advised on over 230 transactions worth more than $40 billion
- None.
Insights
The acquisition of Waller Helms Advisors by Houlihan Lokey is a strategic move that significantly enhances Houlihan Lokey's position in the financial services sector. This deal will double the size of Houlihan Lokey's Financial Services Group, making it the top advisor for global M&A transactions in insurance, asset management and financial services (excluding depositories) in 2023.
The addition of Waller Helms' expertise in insurance and wealth management sectors will likely lead to increased revenue streams and market share for Houlihan Lokey. With Waller Helms' track record of advising on over 230 transactions worth
Investors should view this as a positive development for Houlihan Lokey, as it strengthens the company's competitive position and expands its service offerings. The deal is expected to close by year-end, potentially impacting Houlihan Lokey's financial performance in 2025.
This acquisition is a game-changer for Houlihan Lokey in the financial services advisory space. By integrating Waller Helms' team of nearly 50 professionals, including 13 Managing Directors, Houlihan Lokey is significantly expanding its talent pool and sector expertise.
The deal aligns with the industry trend of consolidation among advisory firms to create more comprehensive service offerings. This move will likely enhance Houlihan Lokey's ability to cross-sell services and win larger mandates, potentially leading to increased deal flow and higher average transaction values.
The cultural compatibility emphasized by both parties is important for successful integration and retention of key talent. This aspect, combined with the expanded geographic presence in Chicago, New York, Miami and Atlanta, positions Houlihan Lokey for stronger client relationships and improved deal execution capabilities in the insurance and wealth management sectors.
The acquisition of Waller Helms by Houlihan Lokey reflects the growing importance of specialized expertise in the financial services sector. The insurance and wealth management industries are experiencing significant consolidation and disruption, driven by factors such as technological advancements, changing consumer behaviors and regulatory pressures.
This strategic move positions Houlihan Lokey to capitalize on these trends and capture a larger share of advisory fees in these high-value sectors. The combined entity's ranking as the No. 1 advisor in global M&A transactions for insurance, asset management and financial services (excluding depositories) in 2023 is a strong indicator of its market dominance.
Investors should note that this acquisition could lead to increased deal flow and potentially higher profit margins for Houlihan Lokey, as specialized advisory services often command premium fees. The expanded capabilities may also attract larger, more complex deals, further enhancing the firm's reputation and financial performance.
Acquisition Substantially Enhances Firm’s Coverage Capabilities in Insurance and Wealth Management Sectors, Doubling Size of Financial Services Group
Founded in 2014,
Waller Helms’ nearly 50 financial professionals, including 13 Managing Directors, will join Houlihan Lokey’s Financial Services Group. James Anderson, Chief Executive Officer of Waller Helms, will join as a Managing Director and Global Co-Head of the Financial Services Group alongside Jeffrey Levine, Global Head of Financial Services. In addition, John Waller and David Helms, Co-Founders of Waller Helms, will also join as Managing Directors to further support and enhance the firm’s coverage efforts for its clients across the financial services sector. The acquisition adds financial professionals in
“The addition of this talented group of bankers is highly complementary to our Financial Services platform, adding meaningfully to our current coverage capabilities across numerous subsectors within insurance and wealth management. On a combined basis, the Group is now the number one advisor to clients in the insurance and wealth management sectors. We are delighted that the Waller Helms team is joining Houlihan Lokey and I look forward to partnering with James to lead the new team, now comprising nearly one hundred financial professionals,” said Mr. Levine.
On a pro forma basis, and according to data from LSEG, the new combined group now ranks as the No. 1 advisor for all global M&A transactions in 2023 in the insurance sector; the asset management sector, including wealth management; and the financial services sector, excluding depositories.
“As we discussed a possible combination, it became clear that Houlihan Lokey shares our dedication to deep sector expertise and more importantly, a fierce dedication to client success,” said Mr. Anderson. “It is this cultural compatibility and client-first ethos that makes this combination so compelling, and we’re excited to work with our new colleagues at Houlihan Lokey and continue delivering superior outcomes to clients.”
“The addition of the Waller Helms team is exemplary of our desire to provide our clients with the greatest depth of sector expertise in the midcap space, alongside our market-leading private capital expertise, extensive relationships among financial sponsors, and other services,” said Larry DeAngelo, Global Co-Head of Corporate Finance.
“Over the past ten years, we have built a talented and passionate team and have had the honor to assist incredible, best-in-class clients on industry-leading transactions. Houlihan Lokey is the ideal home for our team and clients to thrive for years to come,” said Mr. Waller.
“The strength of Houlihan Lokey’s global platform and our shared philosophies on collaboration and attracting and developing the best talent in the industry has us truly excited about our collective opportunity,” said Mr. Helms.
“We have known the Waller Helms team for many years, and their long track record of success in financial services advisory is truly impressive. We look forward to introducing our new partners to our global client base as we continue to grow and enhance our service offering in Corporate Finance,” said Jay Novak, Global Co-Head of Corporate Finance.
About Houlihan Lokey
Houlihan Lokey, Inc. (NYSE:HLI) is a global investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, and financial and valuation advisory. Houlihan Lokey serves corporations, institutions, and governments worldwide with offices in the
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FAQ
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